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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (34180)11/25/1999 12:12:00 AM
From: Rarebird  Respond to of 99985
 
Bobby, the POG and XAU rallied into the first BOE Auction and then sold off into the summer lows. The second Auction went the exact opposite: the XAU and POG trended lower into the Auction and then rallied strongly after a couple of South African Producers stepped up to the plate.

Something big is going to happen either way after this Auction. The technicals do indeed look real good here; but this market, as you know, can turn on a dime.

It's about time....